World Oilfield Chemicals Market

NEW YORK, Jan. 4, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

World Oilfield Chemicals Market

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Global demand to reach $28 billion in 2016

World demand for oilfield chemicals is expected to reach $28 billion in 2016 as high oil prices and the increasing demand for energy stimulate new development, especially in unconventional and offshore fields. Nearly all types of chemicals will post healthy advances, but the best opportunities will continue to be in drilling fluids and stimulation chemicals. The usage of horizontal drilling and hydraulic fracturing in the development of shale plays in the US and Canada has been a driving force in sales of fracturing fluids and high-tech drilling fluids, although whether North America's success in shale development can be duplicated elsewhere remains to be seen. However, while shale is still purely a North American phenomenon, the development of offshore fields is taking off all around the world. This will continue to fuel demand for all types of chemicals, as costs for offshore wells are significantly higher than for onshore wells. These and other factors are driving demand in the world's major oilfield chemical growth markets, especially Brazil, India, Africa, China, Russia, Saudi Arabia, and a number of other Asian countries. In addition, while slowing, growth will continue to be favorable in the large North American market.

Shale plays to boost oilbased drilling fluid demand

The development of unconventional and offshore fields has led to significant changes in the drilling fluid market. Demand for highly engineered oil-based fluids has been boosted by use in the more challenging shale plays while synthetic and oil fluids are also often used in offshore and deep well situations. While water-based fluids continue to dominate in volume terms due to their low cost, ease of use and good environmental record, the market is more evenly split in terms of market value and nonaqueous fluids have been gaining market share in recent years. Nevertheless, fluid suppliers continue to develop improved water-based muds and these products will sustain high demand for water-based fluids in the future.

US, Canada, Russia, China dominate global demand

At present, well stimulation chemical demand is heavily concentrated in four countries: the US, Russia, Canada and China. Demand in the US alone accounts for a majority of the market due to its large number of mature wells and rapid growth in the use of horizontal drilling and multistage fracturing. As oilfields elsewhere continue to mature, stimulation techniques will become more attractive options for oil and gas producers in other countries, especially Mexico, Argentina, and Australia. Additionally, economical development of shale formations virtually necessitates hydraulic fracturing, which will boost demand in the countries seeking to produce from these shales, such as China and India. North America is expected to remain the largest market. The US and Canada, with older and more developed oilfields, offer a much larger market for chemicals designed to maintain output levels in areas of diminishing well flows. Growth in Brazil will be among the fastest in the world, due to substantial oil production gains and increased activity in deeper offshore fields, such as the pre-salt formations in the Atlantic Ocean. China will remain the largest market in the Asia/Pacific region, due to its large number of wells and its compelling need to raise its domestic energy supply through techniques such as hydraulic fracturing. The Africa/Mideast region, which accounts for over 45 percent of global oil production, is a smaller market for oilfield chemicals than its huge energy output might suggest. Even so, oilfield chemical demand in the region is expected to grow.

Study coverage

This upcoming industry study, World Oilfield Chemicals, presents historical demand data (2001, 2006 and 2011) plus forecasts for 2016 and 2021 by product, world region and for 26 countries. The study also details market environment factors, assesses company market share, and profiles global industry participants.

TABLE OF CONTENTS

INTRODUCTION xii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Economic Overview 6

Recent Historical Trends 7

Macroeconomic Outlook 8

World Demographic Outlook 12

World Manufacturing Outlook 14

World Oil & Gas Outlook 16

World Petroleum Outlook 19

Reserves & Exploration 19

Production 22

Pricing Patterns 25

World Natural Gas Outlook 27

Reserves & Exploration 28

Production 31

Pricing Patterns 35

Oilfield Services Overview 36

Environmental & Regulatory Issues 38

III. OILFIELD TECHNOLOGY 42

General 42

Well Drilling 44

Directional & Horizontal Drilling 45

Multilateral Drilling 46

Coiled Tubing Drilling 48

Dual-Gradient Drilling 48

Underbalanced Drilling 49

Drilling Fluids 49

Well Completion & Workover 51

Well Stimulation 52

Hydraulic Fracturing 53

Nitrogen Fracturing 55

Acidizing 56

Fracture Acidizing 58

Other Well Stimulation Techniques & Technologies 59

Enhanced Oil Recovery 61

Thermal Recovery 62

Gas Recovery 62

Chemical Recovery 63

Other Oilfield Technologies 64

Oil Sands Recovery 65

Coalbed Methane 66

Shale Formations 68

IV. OVERVIEW 70

Regional Overview 70

Product Overview 74

Drilling Fluids 77

Formulation Characteristics 80

Offshore & Deepwater Drilling 83

Unconventional Formations 85

Stimulation & Enhanced Oil Recovery (EOR) Chemicals 85

Stimulation Chemicals 87

EOR Chemicals 89

Production Chemicals 90

Demulsifiers 93

Corrosion & Scale Inhibitors 94

Biocides 95

Other 96

Completion & Workover Fluids 98

Oilfield Cement & Cement Additives 100

V. NORTH AMERICA 104

General 104

United States 112

Canada 119

Mexico 126

VI. CENTRAL & SOUTH AMERICA 134

General 134

Argentina 141

Brazil 146

Venezuela 152

Other Central & South America 158

VII. EUROPE 164

General 164

Norway 174

Russia 181

United Kingdom 189

Other Europe 195

VIII. AFRICA/MIDEAST 202

General 202

Africa 209

Algeria 217

Angola 219

Egypt 221

Libya 223

Nigeria 226

Other Africa 228

Middle East 230

Saudi Arabia 238

Oman 241

Iran 242

United Arab Emirates 245

Kuwait 246

Qatar 248

Other Middle East 250

IX. ASIA/PACIFIC 252

General 252

China 261

India 269

Indonesia 275

Kazakhstan 281

Malaysia 286

Other Asia/Pacific 291

X. INDUSTRY STRUCTURE 297

General 297

Market Share 300

Industry Restructuring 304

Competitive Strategies 307

Cooperative Agreements 309

Marketing & Distribution 312

Company Profiles 315

Akzo Nobel NV 316

Albemarle Corporation 318

Ambar Lone Star Fluid Services, see National Oilwell

Varco

AMCOL International Corporation 320

Anchor Drilling Fluids USA Incorporated 322

Ashland Incorporated 324

Ava, see Newpark Resources

Baker Hughes Incorporated 327

Baroid Fluid Services, see Halliburton

BASF SE 331

Buzzi Unicem SpA 333

Canadian Energy Services & Technology Corporation 334

Champion Technologies Incorporated 336

Chemtura Corporation 339

Chevron Phillips Chemical Company LLC 340

China National Petroleum Corporation 342

Clariant International Limited 344

Dow Chemical Company 347

Drilling Specialties, see Chevron Phillips Chemical

DuPont (EI) de Nemours 349

Dyckerhoff, see Buzzi Unicem

Ecolab Incorporated 351

Emery Oleochemicals Group 355

Enerchem International Incorporated 356

Fluids Management II, see Canadian Energy Services

& Technology

Gumpro Drilling Fluids Pvt Limited 358

Halliburton Company 359

Holcim Limited 363

Imdex Limited 366

Israel Chemicals Limited 368

Jordan Bromine, see Albemarle

Kemira Oyj 370

Lafarge SA 372

Marquis Alliance Energy Group, see Secure Energy

Services

M-I SWACO, see Schlumberger

Nalco Energy Services, see Ecolab

National Oilwell Varco Incorporated 374

Navdeep Chemicals Private Limited 375

Newpark Resources Incorporated 376

Nigerian-German Chemicals plc 380

PetroChina, see China National Petroleum

PT Tesso Tetra Chemika 381

PureChem Services, see Canadian Energy Services

& Technology

Q'Max Solutions Incorporated 382

Rhodia, see Solvay

Roemex Limited 383

Rohm and Haas, see Dow Chemical

Schlumberger Limited 385

Scomi Group Bhd 388

Secure Energy Services Incorporated 390

Sichem LLC 392

Solvay SA 393

Sun Drilling Products Corporation 395

TETRA Technologies Incorporated 397

Texas Industries Incorporated 399

Texas United Chemical Company LLC 400

Thermax Group 402

XL Fluids Systems, see Secure Energy Services

Weatherford International Limited 404

Other Companies Mentioned in Study 407

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 World Gross Domestic Product by Region 12

2 World Population by Region 14

3 World Manufacturing Value Added by Region 16

4 World Oil & Gas Production by Region 18

5 World Proved Oil Reserves by Country, 2011 21

6 World Crude Oil Field Production by Region 24

7 World Proved Natural Gas Reserves, 2011 30

8 World Dry Natural Gas Production by Region 34

9 World Oilfield Services Indicators 38

SECTION IV -- OVERVIEW

1 World Oilfield Chemical Demand by Region 73

2 World Oilfield Chemical Demand by Type 76

3 World Drilling Fluid Demand by Region 80

4 World Drilling Fluid Demand by Type 83

5 World Stimulation & Enhanced Oil Recovery (EOR) Chemical

Demand by Region 87

6 World Production Chemical Demand by Type & Region 93

7 World Completion & Workover Demand by Region 100

8 World Oilfield Cement & Cement Additive Demand

by Type & Region 103

SECTION V -- NORTH AMERICA

1 North America: Key Indicators for Oilfield Chemical Demand 106

2 North America: Oilfield Chemical Demand by Type 111

3 United States: Key Indicators for Oilfield Chemical Demand 116

4 United States: Oilfield Chemical Demand by Type 119

5 Canada: Key Indicators for Oilfield Chemical Demand 123

6 Canada: Oilfield Chemical Demand by Type 125

7 Mexico: Key Indicators for Oilfield Chemical Demand 130

8 Mexico: Oilfield Chemical Demand by Type 133

SECTION VI -- CENTRAL & SOUTH AMERICA

1 Central & South America: Key Indicators for Oilfield

Chemical Demand 136

2 Central & South America: Oilfield Chemical Demand

by Type 140

3 Argentina: Key Indicators for Oilfield Chemical Demand 144

4 Argentina: Oilfield Chemical Demand by Type 146

5 Brazil: Key Indicators for Oilfield Chemical Demand 149

6 Brazil: Oilfield Chemical Demand by Type 151

7 Venezuela: Key Indicators for Oilfield Chemical Demand 155

8 Venezuela: Oilfield Chemical Demand by Type 157

9 Other Central & South America: Key Indicators for Oilfield

Chemical Demand 161

10 Other Central & South America: Oilfield Chemical Demand

by Country & Type 163

SECTION VII -- EUROPE

1 Europe: Key Indicators for Oilfield Chemical Demand 166

2 Europe: Oilfield Chemical Demand by Type 173

3 Norway: Key Indicators for Oilfield Chemical Demand 178

4 Norway: Oilfield Chemical Demand by Type 181

5 Russia: Key Indicators for Oilfield Chemical Demand 185

6 Russia: Oilfield Chemical Demand by Type 189

7 United Kingdom: Key Indicators for Oilfield Chemical

Demand 192

8 United Kingdom: Oilfield Chemical Demand by Type 195

9 Other Europe: Key Indicators for Oilfield Chemical

Demand 198

10 Other Europe: Oilfield Chemical Demand

by Country & Type 201

SECTION VIII -- AFRICA/MIDEAST

1 Africa/Mideast: Key Indicators for Oilfield Chemical Demand 206

2 Africa/Mideast: Oilfield Chemical Demand by Region

& Type 209

3 Africa: Key Indicators for Oilfield Chemical Demand 212

4 Africa: Oilfield Chemical Demand by Country & Type 216

5 Middle East: Key Indicators for Oilfield Chemical Demand 233

6 Middle East: Oilfield Chemical Demand by Country & Type 237

SECTION IX -- ASIA/PACIFIC

1 Asia/Pacific: Key Indicators for Oilfield Chemical Demand 255

2 Asia/Pacific: Oilfield Chemical Demand by Type 260

3 China: Key Indicators for Oilfield Chemical Demand 266

4 China: Oilfield Chemical Demand by Type 269

5 India: Key Indicators for Oilfield Chemical Demand 273

6 India: Oilfield Chemical Demand by Type 275

7 Indonesia: Key Indicators for Oilfield Chemical Demand 279

8 Indonesia: Oilfield Chemical Demand by Type 281

9 Kazakhstan: Key Indicators for Oilfield Chemical Demand 284

10 Kazakhstan: Oilfield Chemical Demand by Type 286

11 Malaysia: Key Indicators for Oilfield Chemical Demand 289

12 Malaysia: Oilfield Chemical Demand by Type 291

13 Other Asia/Pacific: Key Indicators for

Oilfield Chemical Demand 294

14 Other Asia/Pacific: Oilfield Chemical Demand by Type 296

SECTION X -- INDUSTRY STRUCTURE

1 World Oilfield Chemical Sales by Company, 2011 299

2 Selected Acquisitions & Divestitures 305

3 Selected Cooperative Agreements 311

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 World Crude Oil Proved Reserves by Region, 2011 22

2 World Crude Oil Field Production by Region, 2011 24

3 World Crude Oil Spot Prices, 2001-2011 27

4 World Natural Gas Proved Reserves, 2011 31

5 World Dry Natural Gas Production by Region, 2011 35

SECTION IV -- OVERVIEW

1 World Oilfield Chemical Demand by Region, 2011 73

2 World Oilfield Chemical Demand by Type, 2011 77

SECTION V -- NORTH AMERICA

1 North America: Oil & Gas Production by Country, 2011 108

2 North America: Oilfield Chemical Demand by Country, 2011 112

SECTION VI -- CENTRAL & SOUTH AMERICA

1 Central & South America: Oil & Gas Production

by Country, 2011 138

2 Central & South America: Oilfield Chemical Demand

by Country, 2011 141

SECTION VII -- EUROPE

1 Europe: Oil & Gas Production by Country, 2011 170

2 Europe: Oilfield Chemical Demand by Country, 2011 174

SECTION VIII -- AFRICA/MIDEAST

1 Africa: Oil & Gas Production by Country, 2011 213

2 Africa: Oilfield Chemical Demand by Country, 2011 217

3 Middle East: Oil & Gas Production by Country, 2011 234

4 Middle East: Oilfield Chemical Demand by Country, 2011 238

SECTION IX -- ASIA/PACIFIC

1 Asia/Pacific: Oil & Gas Production by Country, 2011 257

2 Asia/Pacific: Oilfield Chemical Demand by Country, 2011 261

SECTION X -- INDUSTRY STRUCTURE

1 World Oilfield Chemical Market Share, 2011 301

To order this report:

Petrochemical Industry: World Oilfield Chemicals Market

Contact Nicolas: [email protected]
US: (805)-652-2626
Intl: +1 805-652-2626

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